Prime 36-Acre Development Opportunity in the Central Ridge Growth District This expansive 36-acre property is a rare commercial mixed-use development opportunity located in the heart of the Central Ridge Growth District. Zoned General Neighborhood Commercial (GNC), this site supports a wide range of residential and commercial uses, making it an incredibly versatile investment. On the residential side, potential development options include single-family homes, multi-family residences, condominiums, mobile homes, and tiny homes—allowing up to 10 units per acre with Planned Unit Development (PUD) approval. On the commercial side, permitted uses range from medical offices, retail, and light manufacturing to government facilities. The site has even received previous approvals for medical marijuana cultivation and processing, contingent on regulatory changes. Notably, GNC zoning allows for the highest intensity of development in Citrus County, with an impressive 70% lot coverage under the county’s Land Development Code. The property benefits from exceptional accessibility, featuring both ingress and egress from SR 44 and 1,315 feet of highway frontage. With a traffic count exceeding 26,000 cars per day, the visibility and exposure for future businesses or residential developments are outstanding. Additionally, utilities are accessible within 500 feet, ensuring seamless development readiness. Strategically positioned in Citrus County, part of the Tampa–St. Petersburg–Clearwater MSA—the 18th largest metro area in the U.S.—this property is situated in a rapidly growing region. The population is projected to surge from 153,600 to 350,000 by 2030, driving demand for both residential and commercial projects. The site's location also benefits from the $135 million Suncoast Parkway expansion, further enhancing connectivity and solidifying Citrus County as a gateway to the Tampa Bay region. Within a 15-minute drive, the property serves a customer base of 46,361 residents, with an average age of 58 and a median household income of $65,000—an ideal demographic for thriving residential and commercial developments. With its size, location, and zoning flexibility, this property presents an exceptional opportunity for developers to capitalize on Citrus County’s dynamic growth and expanding market potential. Schedule a Private Showing

Listing courtesy of STELLAR_MLS / CENTURY 21 J.W.MORTON R.E.

Last checked: Checking… • Last updated Feb 13, 2025 • Source: STELLAR_MLS

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